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CEO of FTX donates for Biden's campaign to Ethereum's new record, read today's top 5 Crypto News



1) CEO of Hong Kong-based exchange FTX donated $5.2 million to Joe Biden’s presidential campaign.


100 CEOs donated a total of $79.5 million for Biden’s presidential campaign, out of these 100 second-largest donations has been made by Sam Bankman Fried, the CEO of Hong Kong-based cryptocurrency exchange FTX who has donated $5.2 million. In February 2020 FTX had also created a specialized futures contract for traders to bet on President Donald Trump’s reelection in 2020.


2) Binance’s chief executive and Ethereum’s co-founder strongly believe there should voting system based on blockchain.


Binance’s chief executive Changpeng Zhao and Ethereum’s co-founder Vitalik Buterin feel there is a requirement for a voting system based on blockchain to overcome loophole in the present voting system. Zhao tweeted

If there is a blockchain based mobile voting App (with proper KYC of course), we won't have to wait for results, or have any questions on its validity. Privacy can be protected using a number of encryption mechanisms.

He also added -

Develop something now, get it approved (obviously hardest step), and get 300 million plus (fully KYC'ed) users in 4 years time. Any capable developer should be willing to do it "for free".

Vitalik Buterin tweeted -

The technical challenges with making a secure cryptographic voting system are significant (and often underestimated), but IMO this is directionally 100% correct.

3) En+ Group's new venture will support crypto mining with a low carbon footprint.


En+ Group, the world's largest independent hydropower generator and low-carbon aluminum producer partners with BitRiver which provides maintenance and storage solutions for setting mining farms for their new venture called Bit+, that aims to support crypto mining with a low carbon footprint. The first development of the Bit+ venture is to install a new facility close to BitRiver’s existing data center. En+ Group official statement regarding the venture:

Our energy assets in the [Irkutsk] region produce low-carbon, inexpensive electricity from renewable sources, and we are able to offer surplus energy to these partnerships. Moreover, the low average annual temperature reduces the energy required by the datacentres, making them more efficient and further minimising their carbon footprint.

4) German soccer club enters a multi-year partnership with the crypto trading platform Bybit.


Borussia Dortmund, German soccer club partners with crypto trading platform Bybit. At present this partnership appears to be based on mutual brand outreach and marketing. Ben Zhou, CEO of Bybit regarding this partnership said:

With the partnership, Bybit intends to increase its global reach and branding, as the Bybit logo and slogans will be presented virtually on BVB's matches, their websites and social platforms.In the near future we hope to be able share news of a BVB fan token, however for the moment we cannot share any specific details. We can only mention that the previous attempt by BVB and Liquiditeam, announced in August, was unsuccessful, and that we aim to change that.

5) Ether hits multiple records as Ethereum 2.0 comes closer.


Ethereum 2.0 deposit contract has gone live where users have to deposit 32 Ether required to participate in staking. The contract must collect 16384 deposits of 32 ETH each, a total of 524,288 ETH to proceed with the launch. After a few hours of this announcement, the number of Ethereum addresses holding at least 32 Ether has now hit an all-time high of 126,852.



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